$DOT

šŸš€ DOT/USDT Technical Analysis šŸš€

Polkadot (DOT) is currently trading at $7.635, showing signs of struggle after a recent dip šŸ“‰. The price is at a critical level, testing its support zone near $7.60. This level has been a battleground for buyers, and holding above it could trigger a bounce.

Key Levels to Watch:

Support: $7.60 ā€“ A break below could send DOT toward $7.40, a deeper support zone.

Resistance: $7.80 ā€“ Bulls need to reclaim this level to push for $8.00, a strong psychological barrier.

Entry Strategy:

Bullish Setup: If DOT holds above $7.60, watch for a breakout above $7.80 with strong volume, targeting $8.00ā€“$8.10.

Bearish Scenario: A breakdown below $7.60 could trigger further selling, with $7.40 as the next target.

DOT is at a make-or-break levelā€”will the bulls hold the line or let bears take control? šŸšØ Stay focused, watch for key confirmations, and trade with precision! šŸ“Š

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